Lucara Diamond: Top 10 Undervalued Micro Cap Stocks on TSX (LUC)
Lucara Diamond is now ranked among the top 10 micro cap stocks on the Toronto Stock Exchange. A stock is considered undervalued if it trades at a discount to its valuation – a calculation used to determine the intrinsic (true) worth of a company. Valuation methodology provided by Stockcalc (see below). Micro caps total market capitalization (50-300M).
All data provided as-at market close July 19, 2023. The list is sorted by stocks with the greatest percentage difference between valuation and price. Lucara Diamond Lucara Diamond Corp is a diamond mining company engaged in the development and operations of diamond properties in Africa. Its business segment includes Karowe Mine, Corporate and other. The company earns the majority of its revenue from the Karowe Mine segment. Lucara Diamond is listed under LUC on the Toronto Stock Exchange.
| Symbol | Name | Close Price | Shares Outstanding | P/E | P/B | Cash per Share | Net Cash per Share |
|---|---|---|---|---|---|---|---|
| THNC-T | Thinkific Labs | 1.75 | 0 | 0 | 0 | 0 | 0 |
| PEA-T | Pieridae Energy | 0.67 | 0 | 0.7 | 0 | 0 | 0 |
| SMT-T | Sierra Metals | 0.39 | 0 | 0 | 0 | 0 | 0 |
| LUC-T | Lucara Diamond | 0.41 | 0 | 5.9 | 0 | 0 | 0 |
| HOT-UN-T | American Hotel Inc Props | 2.41 | 0 | 0 | 0 | 0 | 0 |
| FURY-T | Fury Gold Mines | 0.49 | 0 | 0 | 0 | 0 | 0 |
| INCR-U-T | Intercure | 1.68 | 0 | 9.8 | 0 | 0 | 0 |
| MPVD-T | Mountain Province Diamond | 0.47 | 0 | 0.4 | 0 | 0 | 0 |
| NVO-T | Novo Resources | 0.23 | 0 | 0 | 0 | 0 | 0 |
| RCG-T | RF Capital Gr | 8.79 | 0 | 0 | 0 | 0 | 0 |
More about Lucara Diamond
Stocks in this category are held primarily for capital appreciation. Nano, micro, and small cap stocks can be very volatile and may generate high returns or losses. Whereas mid and large cap stocks tend to be more stable.
Artificial intelligence at Report on Business
AI at The Globe and Mail This report is produced using automated technology that summarizes market data into articles for our readers. Ongoing project experiments that leverage artificial intelligence include valuation screens across 14 categories and end-of-day Closing Summary reports for all North American securities.
